• Government has incapacitated the economy through flooding of cash on the market by suspected cadres.
• Business confidence has deteriorated.
• Caderism has been allowed to take root even at the Bank of Zambia.

A Political Party says the flooding of cash on the market by suspected political party cadres has caused the runaway inflation, galloping exchange rate and almost wiped out the country’s entire import cover.
Speaking during a press briefing in Lusaka today, Democratic Party (DP) President, Harry Kalaba says it is unfortunate that President Edgar Lungu blamed corporate entities for the failing economy when it is under his tenure that business confidence has deteriorated.
Mr. Kalaba alleged that government is damaging the economy by flooding cash on the market through suspected party cadres.
‘‘President (Lungu) must be aware that the simplest and basic definition of inflation is too much money chasing few goods.’’
‘‘It is clear that the economy is under pressure and that sabotage is being orchestrated by government for allowing caderism to take root even in institutions that should enjoy professionalism and security of tenure like the Bank of Zambia,’’ Mr. Kalaba alleged.
Meanwhile, Mr. Kalaba has appointed Judith Kabemba as Democratic Party (DP) Vice President.
Ms. Kabemba was until her appointment, DP national Spokesperson.